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Lonmin shares collapse as Glencore completes stake divestment

Cecilia Jamasmie | June 11, 2015 | 4:00 am Base Metals Energy Precious Metals Africa Europe Gold Platinum 

[caption id="attachment_826609" align="aligncenter" width="600"] Lonmin’s Marikana mine concentrator plant.[/caption] Shares in Lonmin (LON:LMI), the world’s third-largest platinum producer, dropped as much as 7.3% on Thursday as mining giant and commodity trader Glencore (LON:GLEN) completed the distribution of its 23.9% stake...

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